The best payout casino online is the ideal casino the average American gambler wants to play at. We have put together a number of premium casino online best payout sites. Playing at the highest payout casino will give you the best online gambling experience. Ideally when gambling with real money, the goal is to get the highest and fastest payout. Various factors control what makes the best paying online casino. Casino Payout percentage is one of the indicators that online casino players to determine whether a casino whether they will get the best payout possible. Casino payout statistics from independent gambling regulators are a marker of how much the casino pays out on average to its players. We have compiled the best payout USA casinos below. Additionally, we explain what makes a top payout online casino and how you can get the best payouts gambling online.
Best Online Casinos for Payouts
Online casino payout percentages need to be calculated over long periods, say at least a month, and averaged over the wagering for all players. Individual players will be lucky from time to time and record payout percentages greater than 100%. But long-term average payout percentages will always be less than 100% or the online casino will go out of business.
Usually independent expert agencies are engaged by online casinos to compute and report monthly payout percentages. From the actual records of the online casino, these agencies extract the amounts wagered across major game categories for that month and also the amounts paid out by the online casino across those game categories. Based on these figures they compute the payout percentages for the various game categories. They also report the payout percentage for the total wagering. From these actual payout percentages the players can get an idea about the fairness of the games offered.
The top online casinos with the best payouts all have set systems to ensure they have a flawless payout system. Online casino payouts are influenced by a number of factors including the house edge, RTP, casino payout percentage and selection of games available and the banking systems. Casinos with highest payout casino games and best paying online slots have the best payouts. Play at any of the US internet casinos we recommend if you want the highest payout online casinos.
Best payout casinos will stock a select an array of online slots. Slots generally have a high payout. Slots payouts are often referred to as RTP (Return to player). Playing slots online makes it easier to get the highest payout because players are able to check the RTP of each slot before playing. Players can also get the RTP from slot reviews.
House edge also influences casino payout rates. Online casinos are legally obliged to disclose what their house edge is. House edge is the inbuilt advantage casinos have in each game. Casino players can choose the best payout games with the lowest house edge to get the most favourable payout.
Casino Banking options also affect whether players will get the best casino payout. Different banking methods have varying charges and payout speeds which in turn affects whether players will get the best online casino payouts. Top payout online casinos offer a safe and secure set of banking options for players. Ideally the best paying casino online has the fastest payout. Some casinos are same day payout casino sites. The banking options a casino site offers will determine whether it is a same day casino payout. This is thus tied to the banking options, because they facilitate the same day payout.
Payout percentage is the theoretical percentage of the amount wagered on a set of games during a given period that is paid out as winnings by the online casino. If you wager $100 on a casino game and win $95, then the payout percent for that transaction will be 95%. The higher the payout percent for a game the more suitable it is for wagering. Payout percentage does not mean a guaranteed win. All it indicates is the percentage a player should expect when they do win. Online casino games that have the best casino payout rate often require a fair degree of skill to achieve those payouts and/or they offer very low payout ratios. For example, online blackjack variants have payout percentages of 99%, but the highest payout ratio is 3 to 2. Online slots have payout percentages of about 96% but have the top payouts exceeding 1000 to 1.
Blackjack: In online blackjack theoretical payout percentages have been determined by computer simulation and these are about 99%. Blackjack games require a fair bit of skill and the theoretical payout percentages assume that players wager using optimum strategy. Computation of actual blackjack payout percentages at US online casinos are a few points lower. This is because many players do not employ best strategy and achieve less than best returns.
Video Poker: In video poker the theoretical payout percentages can be computed using mathematics of probabilities. They are also about 99%. Video Poker combines balances skill and chance therefore the theoretical payout percentage and the actual payout percentage may vary depending on the players skill.
European Roulette: In European Roulette the theoretical payout percentage can be calculated from mathematics and is about 97%. Since no skill is involved the actual payout percent matches with the theoretical one.
Online Slots: In online slots there is no theoretical payout percent. The actual payout percent is mostly range bound between 94.5% and 96.5%.
Online casino payouts are much higher than land-based casino payouts. Yet another reason to sign up to a top US casino online if you havenít already. Land casinos incur much larger financial and operating costs. The outlandish casino buildings and physical gaming equipment require large capital, which has to be serviced over time. The maintenance of the fixed assets and remuneration paid to the large number of personnel employed result in high operating costs. Online casinos on the other hand are virtual entities and do not require personnel to conduct the gaming. Therefore, the operating costs of online casinos are much lower.
In order to meet the higher costs, land-based casinos need to retain a larger percentage of the gaming turnover as compared to online casinos. Therefore, they are compelled to operate their games at lower casino payout rates. Table games like roulette and blackjack have for all practical purposes the same rules in land casinos and online casinos. Therefore, land casinos cannot do much to lower the payout percentages in these games.
As you bet on a progressive jackpot slot game, the jackpot amount keeps on increasing. When a player hits the progressive jackpot, the jackpot amount has to be reset. It is never reset to zero but to some fixed amount. This is referred to as the seed amount. If the progressive jackpot slots offered the same payout percentages as the other slot games, then the seed amount would have to be borne by the online casinos, which is not a viable proposition.
In order to create the seed amount from the bets places by the players, progressive jackpot slots offer lower payout percentages. As a player you are compensated by the opportunity of winning much larger payout ratios in progressive slots. As a thumb rule, the larger is the seed amount in progressive jackpot slots, the lower is the payout percent. But the larger is the seed amount, the larger is the average hit size.